Massachusetts Housing And Shelter Alliance Inc
Massachusetts Housing And Shelter Alliance Inc: Strong Financials, High Program Spending
EIN: 223068653 · Boston, MA · NTEE: P850 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $22.6M |
| Total Expenses | $27.5M |
| Program Spending | 85% |
| Net Assets | $2.3M |
| Transparency Score | 88/100 |
Is Massachusetts Housing And Shelter Alliance Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Housing And Shelter Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Housing And Shelter Alliance Inc
Massachusetts Housing And Shelter Alliance Inc (EIN: 223068653) is a nonprofit organization based in Boston, MA, classified under NTEE code P850. The organization reported total revenue of $22.6M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Housing And Shelter Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Housing And Shelter Alliance Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.8M |
| Total Expenses | $27.5M |
| Surplus / Deficit | +$286K |
| Total Assets | $17.9M |
| Total Liabilities | $15.6M |
| Net Assets | $2.3M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 87.3% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Massachusetts Housing And Shelter Alliance Inc reported a surplus of $286K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 87.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Massachusetts Housing And Shelter Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.5% | +48.8% | +94.0% |
| 2022 | -4.8% | -6.6% | -37.7% |
| 2021 | +23.9% | +31.6% | +77.2% |
| 2020 | +11.8% | +7.3% | +13.2% |
| 2019 | +2.9% | +6.1% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Massachusetts Housing And Shelter Alliance Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Massachusetts Housing And Shelter Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $286K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.3%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, with 990 filings indicating 0% compensation for officers, directors, trustees, key employees, and highest compensated employees.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Massachusetts Housing And Shelter Alliance Inc:
- Consistent revenue growth from $11.6M in 2016 to $27.7M in 2023, indicating strong fundraising and program support.
- Healthy asset growth from $5.0M in 2016 to $17.8M in 2023, strengthening financial stability.
- Low liability-to-asset ratio, with liabilities at $15.6M against assets of $17.8M in 2023, suggesting good financial management.
- The organization consistently reports 0% compensation for key personnel, which can indicate a high dedication to mission or reliance on volunteer leadership.
Frequently Asked Questions about Massachusetts Housing And Shelter Alliance Inc
Is Massachusetts Housing And Shelter Alliance Inc a legitimate charity?
Massachusetts Housing And Shelter Alliance Inc (EIN: 223068653) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $22.6M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Massachusetts Housing And Shelter Alliance Inc spend its money?
Massachusetts Housing And Shelter Alliance Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Massachusetts Housing And Shelter Alliance Inc tax-deductible?
Massachusetts Housing And Shelter Alliance Inc is registered as a tax-exempt nonprofit (EIN: 223068653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Massachusetts Housing And Shelter Alliance Inc's spending goes to programs?
Massachusetts Housing And Shelter Alliance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massachusetts Housing And Shelter Alliance Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Massachusetts Housing And Shelter Alliance Inc is above average for NTEE category P850 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massachusetts Housing And Shelter Alliance Inc located?
Massachusetts Housing And Shelter Alliance Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 223068653. It is classified under NTEE code P850.
How many years of IRS 990 filings does Massachusetts Housing And Shelter Alliance Inc have?
Massachusetts Housing And Shelter Alliance Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.6M in total revenue.
What does Massachusetts Housing And Shelter Alliance Inc do?
Massachusetts Housing And Shelter Alliance Inc is a nonprofit organization in the Human Services sector, located in Boston, Massachusetts. It is classified under NTEE code P850.
How much revenue does Massachusetts Housing And Shelter Alliance Inc have?
Massachusetts Housing And Shelter Alliance Inc reported total revenue of $22,627,502. Based on 13 IRS 990 filings on record.
What are Massachusetts Housing And Shelter Alliance Inc's total assets?
Massachusetts Housing And Shelter Alliance Inc holds total assets of $16,705,658 as reported in IRS 990 filings.
Where is Massachusetts Housing And Shelter Alliance Inc located?
Massachusetts Housing And Shelter Alliance Inc is based in Boston, Massachusetts.
What is Massachusetts Housing And Shelter Alliance Inc's EIN?
Massachusetts Housing And Shelter Alliance Inc's Employer Identification Number (EIN) is 223068653. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Massachusetts Housing And Shelter Alliance Inc?
Massachusetts Housing And Shelter Alliance Inc is classified under NTEE code P850 (Human Services).
Is Massachusetts Housing And Shelter Alliance Inc a registered 501(c)(3)?
Yes, Massachusetts Housing And Shelter Alliance Inc is recognized as a tax-exempt organization by the IRS. EIN: 223068653.
Does Massachusetts Housing And Shelter Alliance Inc file IRS Form 990?
Yes, Massachusetts Housing And Shelter Alliance Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Massachusetts Housing And Shelter Alliance Inc's revenue in 2023?
In the 202306 filing period, Massachusetts Housing And Shelter Alliance Inc reported total revenue of $27,780,548, total expenses of $27,494,706, and net assets of $17,888,634.
Is Massachusetts Housing And Shelter Alliance Inc's revenue growing or declining?
Massachusetts Housing And Shelter Alliance Inc's revenue is growing. Revenue went from $18,456,029 (202206) to $27,780,548 (202306), a +50.5% change. Based on 13 filings on record.
What is Massachusetts Housing And Shelter Alliance Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Massachusetts Housing And Shelter Alliance Inc covers tax period 202306. It shows revenue of $27,780,548, expenses of $27,494,706, total assets of $17,888,634, and liabilities of $15,613,031.
How much does Massachusetts Housing And Shelter Alliance Inc spend on programs vs administration?
Based on IRS 990 analysis, Massachusetts Housing And Shelter Alliance Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Massachusetts Housing And Shelter Alliance Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Massachusetts Housing And Shelter Alliance Inc appears trustworthy. Mission Score: 88/100 (Excellent). No red flags identified. 4 strengths noted.
What are Massachusetts Housing And Shelter Alliance Inc's strengths?
Positive indicators for Massachusetts Housing And Shelter Alliance Inc include: Consistent revenue growth from $11.6M in 2016 to $27.7M in 2023, indicating strong fundraising and program support.. Healthy asset growth from $5.0M in 2016 to $17.8M in 2023, strengthening financial stability.. Low liability-to-asset ratio, with liabilities at $15.6M against assets of $17.8M in 2023, suggesting good financial management.. The organization consistently reports 0% compensation for key personnel, which can indicate a high dedication to mission or reliance on volunteer leadership.. These findings are derived from AI analysis of the organization's financial filings.
How does Massachusetts Housing And Shelter Alliance Inc compensate executives?
Executive compensation is not reported in the provided data, with 990 filings indicating 0% compensation for officers, directors, trustees, key employees, and highest compensated employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported 0% compensation for all key personnel, how does the organization manage its operational leadership and strategic direction?
The consistent reporting of 0% compensation for officers, directors, trustees, key employees, and highest compensated employees suggests that leadership roles may be filled by volunteers, or compensation is structured in a way that falls outside the standard reporting categories for these specific roles on the 990 form. Further investigation into their operational model would be required to understand how they sustain leadership without reported compensation.
Filing History
IRS 990 filing history for Massachusetts Housing And Shelter Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Housing And Shelter Alliance Inc's revenue has grown by 219%, moving from $8.7M to $27.8M. Total assets increased by 800.7% over the same period, from $2.0M to $17.9M. Total functional expenses rose by 210.3%, from $8.9M to $27.5M. In its most recent filing year (2023), Massachusetts Housing And Shelter Alliance Inc reported a surplus of $286K, with revenue exceeding expenses. The organization holds $15.6M in liabilities against $17.9M in assets (debt-to-asset ratio: 87.3%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.8M | $27.5M | $17.9M | $15.6M | — | View 990 |
| 2022 | $18.5M | $18.5M | $9.2M | $7.8M | — | View 990 |
| 2021 | $19.4M | $19.8M | $14.8M | $13.2M | — | View 990 |
| 2020 | $15.6M | $15.0M | $8.3M | $6.4M | — | View 990 |
| 2019 | $14.0M | $14.0M | $7.4M | $6.1M | — | View 990 |
| 2018 | $13.6M | $13.2M | $7.1M | $5.8M | — | View 990 |
| 2017 | $12.5M | $12.4M | $6.4M | $5.5M | — | View 990 |
| 2016 | $11.7M | $11.5M | $5.0M | $4.2M | — | View 990 |
| 2015 | $10.3M | $10.5M | $4.6M | $4.0M | — | View 990 |
| 2014 | $9.9M | $9.7M | $2.7M | $1.9M | — | View 990 |
| 2013 | $9.5M | $9.4M | $1.6M | $1.0M | — | View 990 |
| 2012 | $7.9M | $8.3M | $1.5M | $1.0M | — | View 990 |
| 2011 | $8.7M | $8.9M | $2.0M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.8M, expenses of $27.5M, and assets of $17.9M (revenue +50.5% year-over-year).
- 2022: Revenue of $18.5M, expenses of $18.5M, and assets of $9.2M (revenue -4.8% year-over-year).
- 2021: Revenue of $19.4M, expenses of $19.8M, and assets of $14.8M (revenue +23.9% year-over-year).
- 2020: Revenue of $15.6M, expenses of $15.0M, and assets of $8.3M (revenue +11.8% year-over-year).
- 2019: Revenue of $14.0M, expenses of $14.0M, and assets of $7.4M (revenue +2.9% year-over-year).
- 2018: Revenue of $13.6M, expenses of $13.2M, and assets of $7.1M (revenue +8.9% year-over-year).
- 2017: Revenue of $12.5M, expenses of $12.4M, and assets of $6.4M (revenue +6.7% year-over-year).
- 2016: Revenue of $11.7M, expenses of $11.5M, and assets of $5.0M (revenue +13.7% year-over-year).
- 2015: Revenue of $10.3M, expenses of $10.5M, and assets of $4.6M (revenue +3.8% year-over-year).
- 2014: Revenue of $9.9M, expenses of $9.7M, and assets of $2.7M (revenue +4.0% year-over-year).
- 2013: Revenue of $9.5M, expenses of $9.4M, and assets of $1.6M (revenue +20.5% year-over-year).
- 2012: Revenue of $7.9M, expenses of $8.3M, and assets of $1.5M (revenue -9.2% year-over-year).
- 2011: Revenue of $8.7M, expenses of $8.9M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Housing And Shelter Alliance Inc:
Data Sources and Methodology
This transparency report for Massachusetts Housing And Shelter Alliance Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.